World Peace Interested In Knicks If Amnestied
3:49pm: After the Knicks, World Peace's list of preferred destinations if he's amnestied includes the Clippers, Nets, Bulls, Heat, Thunder, Spurs, and Pacers, in that order, reports Sam Amick of USA Today. As Amick notes, the list reads like a who's-who of title contenders, and sends a message to teams with cap space that MWP isn't interested in being claimed by a non-contender.
2:14pm: A report yesterday indicated that the Lakers are preparing to amnesty Metta World Peace, a move that can't be finalized until tomorrow at the earliest, as I explained this afternoon. While nothing is official yet, World Peace would be "upset" if the Lakers cut him, as longtime friend (and head of his foundation) Jose Morales tells Jared Zwerling of ESPNNewYork.com.
"If the Lakers do amnesty him, he might want to retire," Morales said. "If one of these small-market teams picks him up, he won't be happy with that. He doesn't want to play there."
Teams with cap space would have the first shot at World Peace if he were amnestied, since they'd have the ability to submit a waiver bid for him. Most clubs that still have room aren't legit contenders — the Cavaliers, Pistons, Mavericks, and Hawks are a few clubs that figure to have cap space during amnesty week.
With the threat of retirement looming, those teams may not want to risk claiming World Peace. If he were to go unclaimed, he'd become an unrestricted free agent, able to sign with any team besides the Lakers. Morales tells Zwerling that MWP would be interested in joining the Clippers, and that joining his hometown Knicks would also have strong appeal.
"If the Lakers amnesty him, he's going to have a point to prove that he can still be that player in New York," Morales said.
2013 Amnesty Primer
Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.
With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….
How does it work?
The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.
The amnesty provision can be used on any player, as long as the following rules are observed:
- A team can only amnesty one player — not one player per season.
- The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
- A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
- The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
- A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.
Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.
For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.
Which teams still have the amnesty provision available?
Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:
- Atlanta Hawks
- Boston Celtics
- Charlotte Bobcats
- Chicago Bulls
- Detroit Pistons
- Los Angeles Lakers
- Memphis Grizzlies
- Miami Heat
- Milwaukee Bucks
- New Orleans Pelicans
- Oklahoma City Thunder
- Sacramento Kings
- San Antonio Spurs
- Toronto Raptors
- Utah Jazz
The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.
Which players are still eligible to be amnestied?
While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:
- Atlanta Hawks: Al Horford ($36MM)
- Boston Celtics: Rajon Rondo ($24.86MM), Avery Bradley ($2.51MM)
- Charlotte Bobcats: Tyrus Thomas ($18.08MM)
- Chicago Bulls: Joakim Noah ($36.7MM), Carlos Boozer ($32.1MM), Luol Deng ($14.28MM)
- Detroit Pistons: Charlie Villanueva ($8.58MM), Greg Monroe ($4.09MM)
- Los Angeles Lakers: Kobe Bryant ($30.45MM), Pau Gasol ($19.29MM), Metta World Peace ($7.73MM), Steve Blake ($4MM)
- Memphis Grizzlies: Zach Randolph ($34.3MM), Mike Conley ($26.08MM)
- Miami Heat: LeBron James ($61.77MM), Chris Bosh ($61.77MM), Dwyane Wade ($60.49MM), Mike Miller ($12.8MM), Udonis Haslem ($8.96MM), Joel Anthony ($7.6MM)
- Milwaukee Bucks: Drew Gooden ($13.37MM), Larry Sanders ($3.05MM)
- New Orleans Pelicans: No players eligible
- Oklahoma City Thunder: Kevin Durant ($56.99MM), Kendrick Perkins ($18.63MM), Nick Collison ($4.83MM), Thabo Sefolosha ($3.9MM)
- Sacramento Kings: John Salmons ($14.58MM), DeMarcus Cousins ($4.92MM)
- San Antonio Spurs: Tony Parker ($25MM), Matt Bonner ($3.95MM)
- Toronto Raptors: Amir Johnson ($13.6MM), Linas Kleiza ($4.6MM)
- Utah Jazz: Derrick Favors ($6.01MM), Gordon Hayward ($3.45MM)
Wolves Rumors: Pekovic, Martin, Trades, Rubio
According to reports from Darren Wolfson of 1500 ESPN Twin Cities and Jerry Zgoda of the Star Tribune, the Timberwolves have formally extended a multiyear contract offer to restricted free agent Nikola Pekovic. Zgoda, who expects Pekovic to sign a four-year deal worth $12MM or more, says the offer was made on Friday and that the Wolves expect an answer from the big man's camp early this week.
Here's more out of Minnesota from Wolfson:
- The Thunder have interest in signing-and-trading Kevin Martin to the Wolves, but an outright signing is more likely. Andrei Kirilenko's camp is also pushing for a sign-and-trade, says Wolfson, but the Wolves are more likely to simply renounce his rights.
- In their search for a defensive-minded wing, the Wolves are exploring trades involving Luke Ridnour and J.J. Barea. While Ridnour is drawing more interest, the team may prefer to move Barea, since head coach Rick Adelman likes Ridnour.
- Prior to being waived yesterday, Greg Stiemsma was offered to every team in trade talks, but no clubs were willing to give up anything of value.
- The Wolves have inquired on Chauncey Billups, but are focusing on other needs for now.
- Barring an unforeseen catastrophe, Ricky Rubio will be offered a new five-year contract next summer, when he becomes extension-eligible.
- While Wizards exec Milt Newton appeared to be a candidate for the Wolves' GM job, he'll likely remain in Washington. Wolves president Flip Saunders figures to promote internally for the team's GM job, with Wolfson citing Rob Babcock as a possibility.
Mutual Interest Between Thunder, Derek Fisher
There's mutual interest between Derek Fisher and the Thunder, according to Ken Berger of CBSSports.com. The Thunder are considering Fisher, among several options, for the role of third point guard behind Russell Westbrook and Reggie Jackson, but history and "mutual respect" are helping Fisher's case, Berger writes (Twitter links).
Fisher has finished the last two seasons with the Thunder after signing in the middle of the year. The veteran has played a key role in the team's last two playoff runs, averaging 22.3 minutes per contest in the 2011/12 postseason and 23.7 MPG this spring.
If the Thunder bring back the Landmark Sports Agency client, it figures to be on a minimum-salary deal. Even though Kevin Martin agreed to sign with the Wolves, Oklahoma City is still in line to be over the cap, so the team will have to rely on exceptions to replace Martin and improve the roster for next season.
FA Updates: Evans, Josh Smith, Pekovic, Clark
Tyreke Evans has been one of the most intriguing stories in free agency so far, with the Pelicans having extended a four-year, $44MM offer to the 23-year-old. Still, Evans has yet to agree to sign that offer, and there's no guarantee he'll do so, as Adrian Wojnarowski of Yahoo! Sports tweets. The situation remains fluid, and Jason Jones of the Sacramento Bee (Twitter link) believes if the Kings make Evans a comparable offer, he'd prefer to sign it and stay in Sacramento.
Let's round up a few more of today's free agent updates….
- As they continue to explore the possibility of making a big splash, the Warriors are trying to set up a meeting with Josh Smith, according to Marcus Thompson of the Bay Area News Group (via Sulia). However, Smith doesn't seem as interested in the Warriors, who Thompson says "aren't going to jump as high as others to get him."
- Don't expect a whole lot of movement in talks for Nikola Pekovic until after Dwight Howard makes his decision, says Jerry Zgoda of the Star Tribune (via Twitter).
- Sean Deveney of the Sporting News says (via Twitter) the Cavaliers are being extremely aggressive in their pursuit of Earl Clark, meeting with him yesterday and again today, though no offer has been extended yet.
- Dorell Wright met with the Thunder yesterday and was presented with one- and two-year contract offers, tweets Marc J. Spears of Yahoo! Sports, adding that Wright received a similar proposal from the Trail Blazers. The Spurs, Grizzlies, and Mavericks also have interest in Wright, says Spears (via Twitter).
- Australian forward Joe Ingles is drawing interest from four NBA teams, reports Shams Charania of RealGM.com, listing the Pacers, Grizzlies, Bucks, and Clippers as possible suitors for the 25-year-old.
Odds & Ends: Kings, Lee, Martin, Cavs, Bulls
Tyreke Evans is being courted by the Pelicans and Andre Iguodala is reportedly drawing interest from several teams, but the Kings are expected to make a pitch to both players today. Bryan May of News10 in Sacramento reports (via Twitter) that Sacramento brass is scheduled to meet with Evans and Iguodala in Los Angeles today.
Here are a few more Monday odds and ends from around the NBA:
- Evans is also expected to meet with the Pistons today, tweets Sam Amick of USA Today.
- Tim Kawakami of the San Jose Mercury News follows up on Adrian Wojnarowski's report of the Warriors gauging trade interest in David Lee by exploring the possibility of a deal and noting that the Warriors were "quickly rebuffed" when they offered Lee to the Lakers last year in a proposal for Pau Gasol.
- Expect the Grizzlies to become more interested in Kevin Martin if they're unable to bring back Tony Allen, tweets TNT's David Aldridge.
- The Cavaliers came close to acquiring a second top-10 pick in last week's draft, with an eye on adding Alex Len or Ben McLemore, says Sam Amico of FOX Sports Ohio.
- Thunder fans shouldn't worry that his new partnership with Jay-Z and Roc Nation Sports means he'll be leaving Oklahoma City, Kevin Durant tells Darnell Mayberry of the Oklahoman.
- 2011 second-round pick Bojan Bogdanovic continues to have interest in coming stateside to play for the Nets, but if Brooklyn uses its mini mid-level exception on a player like Kyle Korver, it's unlikely that Bogdanovic comes over this season, as Sean Deveney of the Sporting News writes.
- Bulls GM Gar Forman has reached out to free agents Nate Robinson, Marco Belinelli, and Nazr Mohammed, but sounds much more confident about retaining Mohammed than the other two. Doug Padilla of ESPNChicago.com has the details.
Thunder In Pursuit Of Dorell Wright
1:43pm: A source tells Darnell Mayberry of the Oklahoman that OKC's interest in Wright is "preliminary" and that the two sides haven't engaged in serious talks yet (Twitter link).
1:05pm: The Thunder have begun an aggressive pursuit of free agent swingman Dorell Wright, according to Adrian Wojnarowski of Yahoo! Sports. Wright appears to represent a lower-cost option for Oklahoma City if the team is unable to retain its own free agent shooting guard, Kevin Martin.
Speaking of Martin, the Thunder have a phone conversation scheduled with the former King and Rocket for this afternoon, tweets ESPN.com's Marc Stein. Considering all the attention Martin has received so far today, it's looking increasingly as if the Thunder will be outbid for him, but the club would like to concoct a sign-and-trade, if possible, tweets Stein. Even that may be tricky though, given OKC's lack of cap flexibility.
Wright is coming off a $4.11MM salary with the Sixers, while Martin earned $12.44MM in his lone season with the Thunder.
Point Guard Rumors: Calderon, Telfair, Mavs
With free agent rumors coming in fast, we have enough updates on point guards alone to dedicate a whole post to the position. Here's the latest:
- Chris Broussard of ESPN.com hears the Pistons are intent on bringing back Jose Calderon (Twitter link), though an earlier report indicated that the team is unwilling to exceed a deal worth $7MM a year to re-sign him.
- Sebastian Telfair has drawn interest from the Knicks, Nets, Heat, and Thunder, sources tells Alex Kennedy of HoopsWorld (Twitter link).
- Finding a starting point guard remains a top priority for the Mavericks, who hope to have Shane Larkin and Gal Mekel compete for backup minutes, writes Tim MacMahon of ESPNDallas.com. Eddie Sefko of the Dallas Morning News suggests keeping an eye on Greivis Vasquez, though he's more of a secondary option for the Mavs, since the Pelicans may not be inclined to trade him even with Jrue Holiday on board.
- The Jazz, who had plenty of free agents come off their roster last night, were no doubt busy, but they did reach out to Jamaal Tinsley, tweets Bill Oram of The Salt Lake Tribune.
- Nemanja Nedovic, who says he's ready to come stateside next season if the Warriors want him, was "shocked" when Golden State drafted him. He had worked out for the Pistons, Cavaliers, Hawks, Knicks, and Bucks, but not the Warriors, prior to the draft (Twitter links via Rusty Simmons of the San Francisco Chronicle and Marcus Thompson of the Bay Area News Group).
- The Sixers didn't extend a qualifying offer to Charles Jenkins, making him an unrestricted free agent, notes Keith Pompey of the Philadelphia Inquirer.
Chuck Myron contributed to this post.
Odds & Ends: Barnes, Mavs, Rockets, Pistons
Only one contract agreement has been reached so far on the first night of the NBA's 2013 free agent period, but that doesn't mean we weren't treated to plenty of news and rumors. Here are a few more odds and ends from a busy Sunday night:
- In addition to all the other players they reportedly contacted tonight, the Lakers reached out to Matt Barnes, according to Ramona Shelburne of ESPNLosAngeles.com (via Twitter).
- Tim MacMahon of ESPNDallas.com reports that the Mavericks have expressed interest in Jose Calderon and Mo Williams. Even though MacMahon's report came before news broke that Dallas had agreed to sign Gal Mekel, it makes sense that the team would continue to seek a veteran point guard to complement rookies Mekel and Shane Larkin.
- MacMahon adds (via Twitter) that now that Mekel is under contract, the Mavs are likely to trade the rights to 2009 second-round pick Nick Calathes, something that GM Donnie Nelson has hinted at.
- After an encouraging meeting with Dwight Howard in Los Angeles, the Rockets will target players to complement him rather than fall-back options, says Jonathan Feigen of the Houston Chronicle. The team will meet with Corey Brewer and Mike Dunleavy next, according to Feigen (Twitter links).
- Vince Ellis of the Detroit Free Press spoke to Pistons owner Tom Gores about the process of hiring head coach Maurice Cheeks, the team's long-term vs. short-term prospects, and free agency.
- Several NBA teams have expressed interest in point guard Bobby Brown, who played for four clubs between 2008 and 2010, tweets Shelburne.
- Since they weren't released on or before June 30th, the 2013/14 contracts for E'Twaun Moore (Magic), Chandler Parsons (Rockets), Jason Smith (Pelicans), and Rodney Stuckey (Pistons) have become fully guaranteed. Paul Pierce's contract also became fully guaranteed, so it can be used in the Nets/Celtics swap that will be finalized later this month.
- ESPN.com's Marc Stein rounds up the latest on a few early free agency rumors. We've already heard about most of the stories Stein addresses, such as the Nets leading the race for Kyle Korver, the Pelicans pursuing Tyreke Evans, and the Timberwolves and Bucks targeting Kevin Martin. However, there are a few notable tidbits from Stein, including word that the Thunder's odds of retaining Martin are dwindling.
Odds & Ends: Mayo, Martin, Noel, Bulls
Here's the latest from around the Association as we gear up for the start of free agency..
- The Jazz, Bucks, Timberwolves, Clippers, Blazers, Bobcats, and Bulls are all likely suitors for Mavs guard O.J. Mayo, USA Today's Sam Amick tweets. Mayo is expected to turn down his $4.2MM option this summer and it makes a lot of sense considering the number of teams with major cap space to burn.
- Kevin Martin is expected to draw interest from the Bucks, Pelicans, Timberwolves, Mavericks, and Pistons, as well as the Thunder, tweets Marc J. Spears of Yahoo! Sports.
- Before Nerlens Noel fell to pick No. 6, the Pelicans were entertaining the idea of trading that selection to the Bobcats for Michael Kidd-Gilchrist, as Gary Washburn of the Boston Globe notes amid his weekly roundup.
- Drastic change isn't likely to blow through the Windy City for the Bulls this summer, writes Aggrey Sam of CSNChicago.com. There's still a lot of moving pieces for the club, but the major shifting probably won't come until the summer of 2014 for the Bulls.
- The Wizards face some tough decisions with free agency approaching, writes Michael Lee of the Washington Post. Washington obviously won't be in play for any of the elite free agents this summer and they have their sights set on less-thrilling goals, like retaining small forward Martell Webster.
- We hear similar news out of Portland, where Joe Freeman of The Oregonian cautions fans not to expect anything too crazy out of the Blazers. Of course, there have been rumblings over LaMarcus Aldridge's discontent.